$899,000

About this home

Charming Income-Producing Compound - Ideal for Investors or Owner-Occupants Property highlights include: • 4.1 Private Acres with 6+Rental Units including the Owner-Occupied Main House • Main home includes 3 bedroom / 3.5 baths - +- 2500 sq.ft with attached sunroom • Additionally, the Main Home offers two decks, a covered pavilion that backs to a wet weather creek and features a panoramic hill country view. • +-1 Acre of undeveloped land for expansion, where additional units could be added • 2 separate gated entries • Beautiful old, hand-stacked stone rock walls surrounding the perimeter of +- 3 acres • Two water wells • Blanco River Access for property owners (a 28-acre member only gated river park) • Full RV Hookups and Private Parking Area • Storage Buildings/Sheds • Plenty of individual parking areas • Community fenced garden area • Plenty of room to add a community pool and/or private pool • High-speed fiber internet available to all sites • Located on a quiet, cul-de-sac street Discover this delightful income-generating family compound, perfect for both investors and owner-occupants. The property boasts a total of six rented single-family dwellings and one rented RV space; each home site features private parking, inviting outdoor living spaces, individual patio or decks and several units have fenced yards ensuring tenant satisfaction year-round. Many of the units have been recently constructed or have undergone extensive updates/remodels and have been meticulously maintained to enhance the appeal of this family compound and/or income-producing property. The current income, including potential rent from the owner-occupied main residence and the other five structures plus RV Site, is approximately $8,500 monthly. Significant increase in potential revenue if used as short-term rentals. Please note that the square footage of the buildings is approximated and combined for all units.

Description provided by the listing brokerage.

Facts

Property type

Residential Income · See Remarks

Year built

2003

Lot size

4.1 acres

Living area

6,500 sq ft

Price per sq ft

$138

Annual taxes

$4,629

County

Hays

Neighborhood

Burnett Ranch Sec 2

School district

Wimberley ISD

Schools

Blue Hole · Danforth · Wimberley

Features

Roof

See Remarks, Composition, Metal

View

Canyon, Hill Country, Panoramic, Trees/Woods

Sewer

Engineered Septic, Private Sewer, Shared Septic, Septic Tank

Levels

One

Cooling

Ceiling Fan(s), Central Air, Varies by Unit

Fencing

See Remarks, Fenced, Perimeter, Stone

Heating

Central

Flooring

See Remarks, Carpet, Laminate

Utilities

See Remarks, Above Ground, Electricity Connected, High Speed Internet, Natural Gas Not Available, Sewer Connected, Water Connected

Appliances

Dishwasher, Electric Range, Exhaust Fan, Microwave, Electric Oven, Plumbed For Ice Maker, Electric Water Heater

Lot

Greenbelt, Bluff, Cleared, Front Yard, Garden, Interior Lot, Landscaped, Level, Native Plants, Private, Many Trees, Views

Pets

Cats OK, Dogs OK, No Restrictions, Negotiable

Water

Private, Well

Pool

None

Parking

See Remarks, Additional Parking, Assigned, Carport, Circular Driveway, Common, Detached Carport, Drive Through, Driveway, Gated, Open, Shared Driveway, Varies by Unit

Exterior

Uncovered Courtyard, Dog Run, Garden, Private Entrance, Private Yard, RV Hookup

Interior

See Remarks, Ceiling-Vaulted, Chandelier, Laminate Counters, Entrance Foyer, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Natural Woodwork, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Soaking Tub, Storage, Walk-In Closet(s)

Community

See Remarks, Fishing, Google Fiber, Lake, Picnic Area

Fireplace

See Remarks, Family Room

Foundation

See Remarks, Pillar/Post/Pier, Slab

Waterfront

None

Energy efficiency

None

Accessibility

None

Construction

Frame, HardiPlank Type, Stone

Patio & porch

See Remarks, Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch

Location